HomeMy WebLinkAbout2016-2017 Notice of Tax Rate PH NOTICE OF 2016 TAX YEAR PROPOSED
PROPERTY TAX RATE FOR CITY OF PORT
ARTHUR
A tax rate of $0.792000 per $100 valuation has been proposed for adoption by the governing body of City of
Port Arthur. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two
public hearings be held by the governing body before adopting the proposed tax rate.
The governing body of City of Port Arthur proposes to use revenue attributable to the tax rate increase for
the purpose of funding core services of the city, to provide debt service on its General Obligation debt and to
build and maintain fund balance at policy level..
PROPOSED TAX RATE $0.792000 per $100
PRECEDING YEAR'S TAX RATE $0.792000 per $100
EFFECTIVE TAX RATE $0.787306 per $100
ROLLBACK TAX RATE $0.842039 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of
Port Arthur from the same properties in both the 2015 tax year and the 2016 tax year.
The rollback tax rate is the highest tax rate that City of Port Arthur may adopt before voters are entitled to
petition for an election to limit the rate that may be approved to the rollback rate.
YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS
FOLLOWS:
property tax amount= (rate) x (taxable value of your property)/100
For assistance or detailed information about tax calculations, please contact:
Allison Nathan Getz, P.C.C., C.T.O.P
City of Port Arthur tax assessor-collector
1149 Pearl Street, Beaumont, Texas 77701
(409) 835-8714
jeffcotnt@jefferson.tx.us
You are urged to attend and express your views at the following public hearings on the proposed tax rate:
First Hearing: September 6, 2016 at 09:00 AM at the City Hall Council Chambers, 444 4th St., Port Arthur,
Texas.
Second Hearing: September 20, 2016 at 06:00 PM at the City Hall Council Chambers, /114 4th St., Port
Arthur, Texas.